Kering to acquire a remaining 49% stake in e-lite from Yoox Net-à-Porter.

Kering, a global luxury goods group, agreed to acquire a remaining 49% stake in e-lite, a company active in the online trade of the products of various brands, from Yoox Net-à-Porter, an online store for fashion, design and art. Financial terms were not disclosed. The target company is active in the online trade of products of various brands of the Kering group. The object of the operation was also the stipulation of collaboration agreements between the two companies.